Nasdaq Said to Weigh Sale of Solovis Amid Streamlining Effort

Nasdaq Inc. is considering a sale of Solovis, a provider of portfolio-management software and services, as the exchange operator seeks to slim down following its largest-ever acquisition, according to people familiar with the matter.

Nasdaq is working with a financial adviser to review options for the unit, said the people, who asked to not be identified because the details aren’t public. It’s bringing it to market in response to interest from buyers, the people said. The company is also looking to streamline its portfolio following the $10.5 billion purchase of Adenza last year, they said. No final decision has ...